A look at funding rates across exchanges hints at excessive optimism, with traders going long on BTC en masse — a classic indicator of a correction.
View: A digital rupee and cryptocurrencies can (and should) co-existAnirudh Rastogi & Amol Kulkarni
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Worth noting: Once upon a time, cryptocurrency mining was a potentially lucrative side business for those with the resources to invest in power- and hardware-intensive mining operations.
— In a 1,500-word memo obtained by The New York Times over the weekend, the company’s top lobbyist, Nick Clegg, sought to rebut Haugen’s allegations ahead of her unveiling in an episode of “60 Minutes” on Sunday night. “Social media has had a big impact on society in recent years, and Facebook is often a place where much of this debate plays out,” he said in the memo, in which he called Haugen’s impending accusations, which included blaming Facebook for January’s insurrection at the Capitol, “misleading.” He wrote that “what evidence there is simply does not support the idea that Facebook, or social media more generally, is the primary cause of polarization.”
In the last 24 hours, Bitcoin peaked at a new record high price of $68,568.85 according to Coinbase.
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An Instagram ad by the influencer was criticised in a speech by FCA chairman Charles Randell.
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Pinna, the only on-demand audio entertainment service developed and curated exclusively for kids 3-12, today announced a collaboration with Kaplan, the education company, and Kindness Factory, a non-profit organization on a mission to make the world a kinder place, to launch their newest Pinna Original podcast, One Small Act, which will launch tomorrow, November 12th at 4:00 p.m. EST., ahead of World Kindness Day.
Bitcoin had rallied 220% in 4Q 2017 and if history repeats itself, Bitcoin could reach $96,355, which could potentially be this cycle’s top.
— Ivelisse Porroa-Garcia is now director of government affairs at Ferox Strategies. She previously was policy director for the Congressional Hispanic Caucus.
And while Karony said he wasn’t sure what to make of Portnoy’s tweet, he was appreciative. “It’s cool to see big names talking about SafeMoon because it means more people are hearing about SafeMoon,” he said.
Binance may be the top choice for crypto traders across the world but it appears regulators are getting fed up. On June 27, 2021, the Financial Conduct Authority (the U.K.'s financial watchdog), banned Binance Markets Ltd., an affiliate of Binance, from operating in the United Kingdom. As countries around the world continue to take steps toward further regulating cryptocurrency, Binance may have to make some hard choices.
But the industry is only in its infancy and constantly evolving. It’s difficult to predict where things are headed long-term, but in the coming months, experts are following themes from regulation to institutional adoption of crypto payments to try and get a better sense of the market.
Just like for other token listings, Binance.US will follow the strict listing review process to determine whether to support buying, selling, and trading of BOBA on their platform.
Ethereum’s Altair upgrade takes it closer to Ethereum 2.0Cryptocurrency Prices Today: Ethereum gains nearly 11% in the last weekCryptocurrency prices today: Ethereum rises over 8%, Solana adds more than 16%What Ethereum 2.0 will be likeCryptocurrency prices today: Ethereum gains over 9%, Bitcoin adds more than 4%